Crucial Car Advice for New Owners This Labor Day Weekend

To help consumers who’ve purchased vehicles this Labor Day weekend, GoBankingRates.com offers a list of tips that new car owners can use to preserve the life of their automobiles and control long-term costs.

Car advice for new car owners

These days, routine oil changes and adhering to maintenance schedules go a long way in pushing cars to 200,000 miles and beyond, even if they seem costly in the short-term.

Los Angele, CA (PRWEB) August 31, 2013

Automobiles depreciate at a rapid rate. This Labor Day weekend, GoBankingRates.com helps new car owners manage down-the-road costs and preserve the longevity of their vehicle with a list of tips that’ll help stretch each dollar spent on the purchase of a brand new car.

“Staying on top of maintenance requirements is highly important when it comes to stretching the life of your vehicle,” said Jennifer Calonia, editor of GoBankingRates.com. “These days, routine oil changes and adhering to maintenance schedules go a long way in pushing cars to 200,000 miles and beyond, even if they seem costly in the short-term.”

Below is a preview of GoBankingRates.com’s tips:

Pay attention to the dealership maintenance plan: Following a maintenance plan includes keeping track of when car service is due and having a vehicle inspected if it is operating abnormally. GoBankingRates.com reminds car owners that adhering to a maintenance plan can preserve the longevity of a vehicle’s warranty as well, as some manufacturer warranties can be broken if a vehicle is not kept up to certain standards.

Keep an eye out for refinancing opportunities: For new owners who financed their vehicle, it pays to be aware of refinancing options. Refinancing an auto loan might be a viable option for owners who didn’t do their homework ahead of time and are regretting a bad deal. However, bbe wary of lender penalties for early payoffs.

Break it in gently: Drivers often want to see exactly what their new car can do right away, but don’t hit the highway looking to go as fast as possible or load a new vehicle with hundreds of pounds of equipment that will weigh it down. Spend the first few days gently easing your car into duty.

GoBankingRates.com (http://www.gobankingrates.com/) is a personal finance website that connects consumers with the best interest rates nationwide. It collects rates on savings, CDs, money market and checking accounts, as well as auto loans, from more than 4,000 financial institutions. GoBankingRates.com’s editors have been featured on several top media outlets, including US News, Yahoo! Finance, Forbes, The Street, LA Times, Huffington Post, Good Morning America, CBS, ABC Radio and more.

For those who are planning to purchase a vehicle this Labor Day, please visit GoBankingRates.com to compare deals on different makes and models at http://bit.ly/15d06dK.